11 replies to this topic

[Chilidawgz]

[Chilidawgz]

I trade QQQ,SMH and IJR. Primarily QQQ. Doesn't look to good right now and am in cash waiting for a buy whenever the chart indicates.

I was asked by a few people how I trade. I swing trade using two hour charts.

 

Very similar to this Right Side of the Chart

and to a lesser degree Steven Van Metre

 

 

 

[K Wave]

As I have been sayin' for awhile now, All About the Mega Caps here....

 

If The Last of The Mohicans, AAPL stays under 170 today, likely beginning of the end of the bull, and possibly vicious bear leg coming soon....

 

Also watch 3300 AMZN...momo completely gone long term on that one, and a solid break under 3300 opens big air gap in the daily chart....

[K Wave]

Breadth in Total Disintegration Mode over last number of months....

 

At some point, that is going to matter...

 

For NYA, that reckoning might come on a breach of 16K

 

 

 

[K Wave]

With a good solid breach of 16K and Big Rails finally rolling over, looking more and more like the AVIS spike day was end of the bull story for the Trannies....

 

[brucekeller]

Love how there are plenty of bearish posts for today but you wouldnt be able to tell from the poll lol

[Chilidawgz]

Love how there are plenty of bearish posts for today but you wouldnt be able to tell from the poll lol

Poll was taken before Biden's build back plan was killed over the weekend.

[gannman]

caution is warranted charts of the banking sector suck and with evergrande out there who knows 

 

how they are all interconnected. 

[K Wave]

RUT...just a slightly important area......

 

Sure looks like a massive breakout!....oops....fakeout to me at this point

 

and that is often how the big declines get started....

 

if this area gives way, reasonably high possibility for swift dive to the 900....

 

Let's see if the bulls have a big enough stick here...

 

Edited by K Wave, 20 December 2021 - 10:38 AM.

[Chilidawgz]

Tim Knight is a very happy man